Following is the official announcement by Shell E4 for its flagship incubation programme E4 Scale Track 2020. IOTomation has been selected as one of the mid stage start-ups to leverage Shell and its partners subject matter expertise, while also benefiting from a curated network of industry experts and advisors to accelerate their product maturation.
See the E4 Start-ups Portfolio made by energy giant Shell E4.
It is the great moment for us. We are extremely happy to be selected in Shell E4 Accelerator program. We have been selected after rigorously examining and evaluating numerous applications by Shell E4 for the Scale Track this year. As a part of this mentorship programme, our team will explore how to bring forward innovative strategy in the mobility and energy management space. We shall explore how to manage energy auditing, efficiency improvement and overall energy portfolio management.
Partners on board for this track include ABB, AVL, Indian Angel Network, Catapult, Maharashtra State Innovation Society, The World Business Council for Sustainable Development (WBSCD) and Ola to name a few. The collaboration between Shell and these partners will allow start-ups several benefits such as access to a wider network and customer base, subject matter expertise, mentorship and investment opportunities which will help them scale their businesses and market share.
It will surely give us a productive opportunity to strengthen our business strategy and scaling up operations globally. As per the program, we also look forward to getting insight from industry leaders, advisors, and access to Shell E4 and its partners’ lab at Shell Technology Centre, Bengaluru, India.
James Unterreiner, General Manager, Shell E4 Startup Hub said “We believe a collaborative approach between corporates is essential to enhance the entrepreneurial ecosystem in the country by linking talent, technology, capital and know-how. The Shell E4 partnerships aim to provide an enhanced value proposition to start-ups. This is a bespoke program where the start-ups will benefit from a network of industry experts and advisors leveraging Shell and its Partners’ global reach.”